$246,200
$298,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
3,412 SqFt
SOLD DATE : 11/03/2025
Key Details
Sold Price $246,200
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,412 sqft
Price per Sqft $72
MLS Listing ID QC4266009
Sold Date 11/03/25
Year Built 1976
Annual Tax Amount $7,769
Lot Size 9,583 Sqft
Lot Dimensions 75'x126'
Property Sub-Type Multi Family 5+
Property Description
Fully Rented with Value-Add Potential. Solid, all-brick 6-unit building with strong rental history and great upside. All 6 units are currently rented, and tenants share access to a convenient common laundry area. In the last 5 years, the property has seen key mechanical upgrades, including 4 new furnaces and 4 new water heaters-helping reduce future capital expenses. Rents are currently very affordable, offering excellent potential for increases over time. Paved parking lot, approximately 10 spaces, great Moline location.
Location
State IL
County Rock Island
Zoning Resid
Rooms
Basement None
Interior
Cooling Central Air
Fireplace N
Building
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Eric Ryden of Quad Cities Iowa Realty - Moline
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "